WR1 General Discussion, page-25704

Sell Adina ? or takeover the company ?

What $500m cash kitty would unlock at Cancet ? And acquire other opportunistic assets.

While 500m is half way to our 1B target, have to ask, poe to say, put $400m aside under the mattress and pillows, and $100m into cancet. (along any compounding use of capital into CFTF)

Can Canet become Adina 2.0 ?

Just a look at what OM1 are acquiring in Dixie gold, 2 x fertile lithium assets, plus gold, plus uranium.

Cash is king to acquire value in depressed cycles.

WR1 have excelled in exploration discovery, and a monetization event is just a question of when.

Either taken over opportunistically discount, or in a premium OEM market with PEA and 100mt on the table, or dividend yield some time further.

The risky part is behind us. We have a near surface asset, pointing toward great economics, in a tier one jurisdiction for North American / Europe markets. How and when we monetize, to multiples of current value is a bet into a world that wants Lithium bats in the storage equation. Household bats, industrial, EVs. etc.

Whether we were to monetize early, and compound that cash exploration warchest again ? Which road would you take ?
A lower risk longer path that increases value and ultimately dividend yield valuations ? Or chance your arm again into the exploration discovery equation in a fertile area with a mega cash chest ?

That say $500m cash backing, is going to do wonders for the sp though...!!